UMusic Hotels opens first property

UMusic Hotels, a joint venture between Universal Music Group and Dakia U-Ventures, has opened its first property, UMusic Hotel Madrid, with plans to open hotels in the U.S.

Located within the Centro district of Madrid and inspired by the city’s thriving culture, the hotel has transformed the building that houses the historic Albéniz Theater. By utilizing a renowned and recognized property within the epicenter of Madrid’s music and entertainment scene, the company said it is continuing its commitment to provide a property to the local community that is designed to complement Madrid’s landscape and authentically incorporate elements of the local music scene.

“The opening of this particular property in Madrid has an important strategic value for UMusic Hotels,” said Robert Lavia, CEO, UMusic Hotels. “Not only is it our first establishment in Europe, but the new hotel lives in a beautiful, historic building that perfectly combines hospitality and entertainment. The new UMusic Hotel will underscore Madrid as a vibrant hub for music, arts and entertainment; serving as a creative hub that will promote social impact, education, sustainability and innovation through the power of music.”

The property, which includes 130 rooms, has undergone a comprehensive renovation to transform it into a 5-star establishment with upscale design, two lobbies, meeting rooms, a bar restaurant, outdoor pool and rooftop bar overlooking the Madrid skyline. Guests will have the opportunity to discover the soul of the city through Madrid’s rich local music heritage, at the hotel’s renovated historic theatre, with 898 seats. Universal Music Spain will work with the property to continue bringing Madrid some of the biggest names in entertainment, making UMusic Hotel Madrid a premiere destination for guests around the world.

The musical “Company” will be the first production at the restored and historic Albéniz Theater. Antonio Banderas will resume his role as the director and title character Bobby. The show is set to run until Feb. 14, 2023.